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Essex
8 Plum Hill
$1,225,000
● House - Off Market

8 Plum Hill

Manchester, MA 01944
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,600 Ft²
$1,871,840
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Set on a knoll, this magnificent newly constructed home has it all!  Enjoy a sun filled open floor plan with bucolic views and lovely privacy.   Chef's kitchen features a large island for friends and family to gather around that opens to a large family room with fireplace overlooking a spacious deck and broad play lawns. Cozy up with a good book in the separate library. There are four bedrooms, with a large Master Suite that includes a generous master bath with double vanity, and a large attached room that could be used as an office or sitting room.  The lower level makes a perfect guest or au pair suite with a full bathroom and direct access to the outside. 2 car garage.
Unit Size
3,600 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$375
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72578960)

Price History

Date / Event Date Event Price
Jul 30, 2020 Sold
Premium
Sold
Oct 11, 2019 Listed by Coldwell Banker Residential Brokerage - Manchester $1,350,000
Listed by Coldwell Banker Residential Brokerage - Manchester
Aug 1, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,324
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,658
  • Total Building Area: 3,645
  • Gross Building Area: 5,647
  • Building Area: 3,645
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,645
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001301
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: C

Geography

  • District: 166
  • Parcel: MANC M:0010 B:0000 L:0021
  • Lot: 21
  • Municipality: MANCHESTER
  • Latitude: 42.5809
  • Longitude: -70.7467

    Address

  • Full Address: 8 Plum Hl
  • Address - House Number: 8
  • Address - Street Name: Plum
  • Address - Suffix Type: Hl
  • State: MA
  • City Name: Manchester
  • Carrier Code: C005
  • 4-Digit Zip Code: 1702
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,376,000

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 1,621,747
  • High Value: 1,899,636
  • Low Value: 1,343,857

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,471,700
  • Assessed Land Value: $476,000
  • Assessed Improvements Value: $995,700

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 614621
  • Previous Sale Recording Date: Aug 01, 2018
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72578960

Frequently Asked Questions

When was property at 8 Plum Hill built and last sold?
The property at 8 Plum Hill was built in 2019 and last sold on Jun 26, 2020 for $1,225,000.
How much is this home worth?
The estimated value of the home located at 8 Plum Hill is $1,354,122.
What are some comparable homes to 8 Plum Hill?
There are currently no comparable homes to 8 Plum Hill.
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